Tag Archives: goes out

Texas Blackout Raises Australian Banks To $ 215 Million | Instant News

Freeze it plunging millions of Texans into darkness rippling through energy markets in unpredictable ways, yielding financial gains for Australian banks and severe suffering for other companies caught in the disruption.

Extreme weather froze wind turbines and oil and gas wells, shut down oil refineries and pushed power plants out of operation, sending shocks through energy markets. Wholesale electricity prices skyrocketed, as did spot prices for natural gas in Texas, Oklahoma, Kansas, and Arkansas.

The turbulence brings profit to commodity traders at Macquarie Group Ltd. Australia, whose ability to deliver gas and electricity across the country allows it to take advantage of soaring demand and prices in states like Texas.

The bank raised its guidance on Monday for revenue this year through March to reflect windfall winds. It said that the net profit after tax would be 5% to 10% higher than for fiscal year 2020. That equates to an increase of up to 273.1 million Australian dollars or the equivalent of approximately $ 215 million. In an earlier guide, issued Feb.9, Macquarie said it expects profits to drop slightly in 2020.

“Extreme winter weather conditions in North America have significantly increased short-term client demand for Macquarie’s ability to maintain critical physical supplies across the commodity complex, and in particular in relation to gas and electricity,” the bank said.


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Looking For Food, Water In Greater Houston? Here’s List A (Saturday, February 20) – Houston Public Media | Instant News

Water donations were distributed to residents, Thursday, February 18, 2021 in Houston. Houston and several surrounding cities are on boiling water warnings as many residents still have no running water in their homes.

Electricity was back on for nearly all residents of the Houston area. Midpoint Energy reported that 99.98% of local customers had service after fixing yesterday’s isolated outage.

But even though the temperature rose today, Houston still wasn’t out of the woods.

The majority of Harris County is still under scrutiny of boiling water and residents are being told to save electricity usage.

Below is a list of free resources in the Harris, Fort Bend, Montgomery and Galveston counties to help you or someone you know get through the weekend.

Harris County

  • Houston Food Bank Partners – Call first to make sure they’re open.
  • Church At The Cross 3835 S Dairy Ashford Road, Westchase. Opens at 8:30 am Free water and food
  • West Houston Relief Service, 10501 Meadowglen Lane, Westchase. Opens at 9 am Free water and food
  • Wisdom High School, 6529 Beverly Hill St, Mid-west. Open 12.00-15.00 Free food for 1,000 people via food truck
  • Sylvan R. Rodriguez Elementary, 5858 Chimney Rock Dr., Gulfton. Open 12.00-15.00 Free food for 1,000 people via food truck
  • Ashford Elementary, 1815 Shannon Valley Dr, Briarforest. Open 12.00-15.00 Free food for 1,000 people via food truck
  • 8921 Pagewood Ln, Mid-west. Opens at 3pm Free food and water
  • Jersey Mikes, 7670 Katy Freeway, Spring Branch. Open now until 9pm Hot food for 300 people
  • Jimmy Changas, 3090 Westgreen Boulevard, Katy. Open 11.00-21.00 Hot food for 300 people
  • Rollin ‘Phatties, 1731 Westheimer Road, Montrose. Open Day-Midnight. Hot food for 375 people
  • Breakfast Club, 3711 Travis St., Midtown. Free meal for 200 people
  • Fallbrook Church, 12512 Walters Road, Meyer Park. Open during the day. Free water
  • At Da House Tapioca, 9405 S. Texas 6, Alief. Open 2pm – 4pm Free food
  • Astros Youth Academy, 2801 S. Victory Drive, Inwood Pines. Open 9 am-2pm Free water (limit 2 cases per car)
  • New Light Church-LOVE City USA, 7317 E. Houston Road, Trinity / Houston Gardens. Opens at 9:30 am Free bottled water
  • 6603 Hirsch Road, Trinity Park / Houston. Open during the day. Free food, water and supplies
  • St. Timothy’s Episcopal Church, 13125 Indianapolis St., Cloverleaf, 24/7, Free groceries
  • Grayson Community Center, 13828 Corpus Christi St., Cloverleaf. Opens at 10 am Free food
  • Precinct 2 site water is non-potable, Open now until 5pm. Five gallon limit (bring containers such as water / milk jugs, ice crates, buckets):
    • Sylvan Beach Park: 636 N Bayshore Dr., La Porte
    • Clear Lake Park, 5001 NASA Pkwy, Seabrook
    • Jim & Joann Fonteno Park, 14350 1/2 Wallisville Rd., Wood Forest
    • Bill Crowley Park, 5100 Lauder Rd., East Aldine
    • Crosby Community Center, 409 Hare Rd., Crosby
    • Riley Community Center, 808 1/2 Magnolia Ave., Crosby
    • Leonel J. Castillo Community Center, 2101 South St, Northside Village.
    • North Coast Playground, 14000 Force St, North Coast.
  • Precinct 4 site water is non-potable, Open from noon to 5pm, limit 10 gallon (bring container):
    • Levy Park, 3801 Eastside St., Upper Kirby

Fort Bend County

  • Food & Water Distribution Fort Bend County, 910 Brand Lane, Stafford. Open 9am to noon. Free food and water

Montgomery County

  • Montgomery Food Bank partners – Call first to make sure they’re open.
  • East Texas Dream Center, 26373 E. Holly Lane, Splendora. Opens at 10 am Free food
  • Magnolia Cowboy Church, 23245 Glenmont Estates Boulevard, Magnolia. Opens at 9 am Free water
  • Magnolia Town Hall, 18111 Buddy Riley Boulevard, Magnolia. Opens at 9 am Free water

Galveston County

  • Hometown Heroes Park, 1001 E. League City Parkway, League City. Opens at 9 am One case of water per vehicle

For Houston people who can’t afford supplies, Mutual Aid Houston offers Finance Assistant $ 100 for anyone who needs food and water. To sign up, keep checking group online form when available.

Crowdsource Rescue is to provide supplies to vulnerable populations who have transportation challenges such as the elderly and people with disabilities. They carry out health checks and deliver water, food, space heating and other supplies.

Store updates and hours of operation for HEB, Central Market, Kroger, Walmart, and Walgreens can be found at ReadyHarris.org under “Searching for Supplies?” Public officials recommend Houston residents to try smaller grocery stores, as they may have short queues. A crowdsourced list of Houston businesses circulating, but check with the location for hours of operation and supplies before traveling. Rolling information about the free food and water event was also busy this spreadsheet.

How to Volunteer

Houston Food Bank is looking for volunteers on its website, and canned donations. Kids Meals Inc. too looking for volunteers and contribution. Gulf Coast Regional Blood Center said desperately need a blood donor. There’s an emergency blood donation at NRG Park. Appointments are preferred, and masks are required. CrowdSource Rescue also looking for volunteers, and Say the Name is TX is looking for volunteers and donation.

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After ‘Blackout’? | Instant News

Weekend of blackouts across Pakistan’s power grid should lead to a much-needed reality check on the direction of the country, especially its dying economic future.

This is important given how Prime Minister Imran Khan has recently demonstrated a talent for selective tinkering to claim the start of an economic recovery. On the other hand, any independent assessment should take note of the continuing gap in the economy that has hit ordinary Pakistani households the hardest in years.

The blackout should immediately raise questions about the state of government in various fields including segments of the country’s economy. Although governance challenges have expanded and deepened under successive regimes, the Imran-led government stepped in in 2018 with a promise to lead Pakistan toward a long-overdue ‘tabdeeli’ or change. But more than two years later, Pakistan is far from changing direction.

It’s too early to conclude precisely what triggered the weekend’s blackout. But it is clear that the incident was unprecedented and caused major problems in one or more areas. That the Pakistani government crisis continues to expand and deepen is clearly not a problem. Ordinary consumers who go about their daily lives often experience the downside of the institutional collapse of the state that makes life even more difficult for the mainstream. Frequent media coverage of uncontrolled increases in food commodity prices is clear evidence of this failure. Meanwhile, the prime minister’s excitement at things like fixing the country’s current account deficit should be met with a pinch of salt. In a year when Pakistan’s economic engine has nearly come to a standstill, the selective positive elements at the macro level alone are hardly evidence of the prosperity to come.

Meanwhile, the electricity sector itself has experienced various challenges over the years. The ‘kunda’ or gruesome hook connection is still a fact of life in parts of Pakistan, testifying to the continuing collusion between unscrupulous officials and consumers to steal electricity from the national grid.

In other related areas, the elements of inefficiency in the power transmission system are too numerous to ignore easily.

Elsewhere in the public sector, although the PTI government recently announced its intention to overhaul the PIA and Karachi Steel Plant, there are many other public sector companies that continue to experience financial problems. And the jury is still thinking about the future of government-backed reform at the PIA or steel mills, given how previous attempts of this kind have ended in failure.

As for the future of Pakistan’s economy, one of the biggest challenges will be reviving growth. In a country where nearly half the population is known to depend directly or indirectly on agriculture, the failure to address these challenges ahead remains puzzling.

Government after government is nothing more than lip service to strong support for the Pakistani peasants. For a government that has just witnessed last year’s backlash to steeply rising sugar and wheat prices, this must be a clear priority. Finally, caught in the midst of an economic slowdown, the government’s tax collection targets remain in danger of failing over and over again.

Going forward, Prime Minister Imran Khan has the option of celebrating early signs of selective improvement on one side or another, or accepting a reality check.

The weekend’s blackout has only highlighted the weakness of Pakistan’s ruling order – once again a reminder that the prime minister must not be complacent.


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Imran Khan slams down due to a power cut | Instant News

Cities across Pakistan were pitch black for several hours on Saturday night following massive power cuts across the country. Addressing Prime Minister Imran Khan’s PTI government of failing to power, Secretary General of the Pakistan Muslim League-Nawaz (PML-N) Ahsan Iqbal said PM Khan was “trying to revive the country”.

‘This is a country, not a cell phone’

“The country’s economy is in a sluggish state. We are running a rising deficit. Imran Khan thinks: ‘Why don’t we restart the country like a mobile phone? Maybe it will work’,” said Iqbal mockingly at Khan, reports Geo News. “Imran Sahab, this is a country, not a cellphone that will start functioning after rebooting. For God’s sake, don’t mess with a country like this. Give up your resignation and go home,” said Iqbal.

The PML-N leader went on to say that the unprecedented closure “proves that this government is incompetent and does not meet the requirements”.

7 officers suspended

Meanwhile, Pakistan Central Power Plant on Sunday suspended seven Guddu Thermal Power Plant officials for negligence during their duties which resulted in massive power cuts, the Pakistan Daily reported. “Seven officials working under Plant Manager-III are hereby suspended immediately and until further orders, due to negligence of duty that caused a power failure found in view of the preliminary investigation,” reads a notice issued by Central Power Generation Limited Company.

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These developments come after the federal government formed a committee to investigate the sudden power failure that hit the country on Saturday night. Pakistan’s Energy Minister said on Sunday that the blackout occurred when the frequency in the national power distribution system (NTDC) suddenly dropped from 50 to zero, adding that the matter was being investigated and efforts were underway to restart Tarbela Power Plant and restore it. Supply.

Omar Ayub said he is personally overseeing restoration work and periodically shares restoration updates on his Twitter account. According to the PTI report, Imran Khan said that the country faced 8 blackouts during the reign of the Pakistan Muslim League-Nawaz (PML-N) government from 2013-2018.

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(With agency input)


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Ahsan Iqbal says PM Imran Khan ‘tried to reboot the country’ | Instant News

PML-N Secretary General Ahsan Iqbal speaks of the blackout in a video message released by PML-N on Twitter, 10 January 2021. – Video clip from Twitter / PML-N

PML-N Secretary General Ahsan Iqbal on Sunday scoffed at Prime Minister Imran Khan over the power failure that occurred across Pakistan late Saturday, saying that the prime minister had been “trying to revive the country”.

“The country’s economy is sluggish. We are running a rising deficit. Imran Khan thought: ‘Why don’t we reboot the country like a cell phone? Maybe it will work’,” Iqbal said, derisively.

“He’s trying to shut down the entire power system and turn it back on.

“Imran sahab, this is the state, not the phone that will start working after rebooting. For God’s sake don’t mess with a country like this. Give up your resignation and go home, “said the PML-N leader.

Iqbal said that this unprecedented closure “proves that this government is incompetent and does not meet the requirements”.

Cities plunged into darkness

Massive blackouts were reported late Saturday night from several cities across Pakistan.

Cities facing disruption include Karachi, Lahore, Peshawar, Multan, Quetta, Rawalpindi, Faisalabad, Muzaffargarh, Narowal, Bhakkar, Kabirwala, Khanewal, Bahawalpur and Sukkur.

The damage extends to Azad Kashmir. Furthermore according to Geo News‘Nadeem Kausar, 29 districts of Balochistan without electricity.

Cellular and internet services were also affected due to the interruption and continued to be interrupted the next day.

‘Electricity will be restored in the next few hours’

Speaking at a press conference with Federal Minister for Information and Broadcasting Shibli Faraz this morning, Electric Power Minister Omar Ayub said a technical error was reported at the Guddu power plant at 11:41 p.m. yesterday when the frequency dropped from 50 to zero within seconds.

“We energized the Tarbela power plant twice, which started the restoration process,” he said, adding that electricity had been restored in Islamabad, Faisalabad, Jhang and Multan, while K-Electric had provided 400MVA.

Omar Ayub said the team was facing difficulties due to the thick fog and the exact reasons behind the technical fault would be identified once the fog had lifted.

“The cause of the breakdown is not yet certain. Technical problems occurred in a certain area, “he said.

He said electricity would be restored across the country in the next few hours.


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